Malaysia Bourse May Extend Winning Streak
From Nasdaq: 2025-04-24 19:30:00
The Malaysia stock market is expected to open higher on Friday after gaining over 20 points in the last two sessions, with the Kuala Lumpur Composite Index above 1,505 points. The global forecast for Asian markets is positive, with oil and technology stocks leading the way. On Thursday, the KLCI rose 0.36 percent to close at 1,506.52, with telecoms performing well. Semiconductor stocks surged on Wall Street, driving the NASDAQ up 2.74 percent. Treasury Secretary Scott Bessent hinted at a trade agreement with South Korea, while U.S. durable goods orders saw a significant increase in March. Oil prices also rose slightly on Thursday.
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